Tower Semiconductor (TSEM) Tops Q3 EPS by 1c, Offers Q4 Guidance

November 13, 2019 6:25 AM EST

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Tower Semiconductor (NASDAQ: TSEM) reported Q3 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $312 million versus the consensus estimate of $312.05 million.

GUIDANCE:

Tower Semiconductor sees Q4 2019 revenue of $312 million, versus the consensus of $316.4 million.

  • TowerJazz expects revenues for the fourth quarter of 2019 of approximately $312 million, with an upward or downward range of 5%.

For earnings history and earnings-related data on Tower Semiconductor (TSEM) click here.



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